Company Valuation: ASMPT Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,770 22,960 30,881 31,193 32,357 69,202 - -
Change - -33.97% 34.5% 1.01% 3.73% 113.87% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 65,304 64,407 62,267
Change - -36.11% 35.8% 3.55% 2.13% 117.07% -1.37% -3.32%
P/E 11x 8.79x 43.1x 90.2x 35.9x 37.7x 26.6x 20.3x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.76x 3.42x 3x
PEG - -0.5x -0.6x -1.7x 0x 0x 0.6x 0.7x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 3.62x 3.09x 2.71x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.42x 2.88x 2.44x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 20x 15.4x 11.9x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 25.5x 18.9x 14.3x
EV / FCF 16.6x - 14.4x 51.2x -199x 98.5x 43x 28x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1.02% 2.33% 3.57%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.207 2.985 4.149
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 1.34% 1.81% 2.51%
EPS 2 7.69 6.33 1.73 0.83 2.16 4.373 6.207 8.111
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 50.5% 48.1% 51.1%
Net sales 1 21,948 19,363 14,697 13,229 13,736 19,093 22,359 25,525
EBITDA 1 4,879 3,975 1,818 1,266 1,310 3,266 4,170 5,224
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,563 3,417 4,357
Net income 1 3,169 2,620 715.4 345.3 902 1,833 2,585 3,367
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -3,898 -4,795 -6,935
Reference price 2 84.25 55.65 74.50 74.90 77.45 165.00 165.00 165.00
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 22/02/22 28/02/23 27/02/24 25/02/25 04/03/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.94x13.11x29.82x0.6% 668B
33.55x11.18x27.48x0.36% 395B
31.44x7.06x21.83x1.55% 159B
34.39x3.7x17.1x1.51% 89.33B
52.36x6.94x24.22x0.28% 21.85B
41.04x13.2x27.4x0.92% 20.59B
20.88x3.03x13.02x1.46% 16.03B
46.68x8.56x25.48x - 13.66B
Average 37.41x 8.35x 23.29x 0.95% 173.01B
Weighted average by Cap. 36.36x 11.00x 27.05x 0.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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